Overview
STATUS: PROPERTY OPERATIONAL
Mainstay raised $4 million to purchase the site and provide investors with target forecast IRR of 13.6% with an annual return on completion estimated to commence at 9.0% with 5.0% during the construction period (first 12 months). Capital uplift expected supported by independent valuation.
- The location is a high profile site on Brand Highway at the entry to Geraldton
- Good access to surrounding amenities and surrounded by residential
- Leases to quality national tenants including; Chicken Treat, Hungry Jack's and Metro Petroleum
- 580m2 of commercial space to be re-leased to national tenants
IMPORTANT INFORMATION: The information contained on this page is general information only and does not take into account your individual objectives, financial situation or needs. Investment in the trust will only be available to persons who qualify as wholesale clients under sections 761G and 761GA of the Corporations Act. An investment in the trust will be subject to risks. Actual performance or returns of the trust may differ from those expressed or implied by forward-looking statements contained in this page. Images are provided for illustrative purposes only and are not assets of the proposed trust. To the extent permitted by law, Mainstay Capital and its directors, officers, employees, representatives and advisers are released from any liability in relation to anything contained in, or omitted from, this page.